Archives : DAILY MARKET OUTLOOK : 13/03/2008
DAILY MARKET OUTLOOK : 13/02/2008.
MARKET LOST ITS GROUND IN THE SECOND HALF AND IT COULD NOT CLOSE ABOVE 16253 AS MENTIONED IN OUR DAILY REPORT YESTERDAY. MARKET WILL GAIN STRENGTH ONLY ON CLOSE ABOVE 16293-SENSEX.
JUST CHECK OUT RESISTANCE LEVEL FOR THE NIFTY 5019 AND THE MARKET INSPITE OF ALL THE FRENZY COULD NOT CROSS 5019...!!!
YESTERDAYS PERFORMANCE WAS SUPERB TO SAY THE LEAST ...SESA GOA, CAIRN INDIA, NEYVELLI LIGNITE, TRIVENI, TATA TEA, TECH MAHINDRA, PTC, PFC, POWER GRID, RNRL, SUZLON, GNFC, GAIL, INDIAN BANK, BAJAJ HIND, BIOCON, ADLABS ALL REACHED THEIR TARGETS. WHAT MORE YOU WANT ???
SENSEX RESISTANCE AT 16293-16398-16526. SUPPORT AT 16064-15967-15739-15362.
NIFTY RESISTANCE AT 4893-4935-4990. SUPPORT AT 4854-4802-4732-4620.
SESA GOA 3591 SL 3450 TGT 3669-3800.
VSNL 512 SL 504 TGT 521-553.
NALCO 495 SL 474 TGT 512-545.
SUN PHARMA 1266 SL 1242 TGT 1289-1302.
SKUMARS 155 SL 148 TGT 160-167.
CAIRN INDIA 247 SL 231 TGT 259-268.
CHAMBAL FERT 55 SL 52 TGT 60-63.
ROLTA 291 SL 285 TGT 304-314.
CIPLA 204 SL 197 TGT 210-215.
EDUCOMP 3684 SL 3614 TGT 3724-3848.
BE CAREFUL AND AVOID TOO MUCH TRADING.

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